DMPQ: Low skill manufacturing is key to Indian success especially the clothing and manufacturing sector. Do you agree with the statement?

 

 

Positives

  • These sector are labour intensive and generate more labour per unit of capital infused.
  • These sector have the potential for broader social transformation.
  • These sector can also play crucial role in export and hence the overall growth.
  • The creation of employment opportunities in these sector is far more inclusive and it address the issue of inequality and unbalanced growth.
  • Further India has an advantage of competitive pricing due to availability of cheap labour.